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VimpelCom Extends Fraud Management Capability with Neural Technologies Deal KaR-Tel, Kazakhstan’s second largest mobile operator, has installed Neural Technologies’ fraud management solution as part of a framework deal between Neural Technologies and VimpelCom, KaR-Tel’s parent company. VimpelCom has been successfully using Neural Technologies’ Minotaur™ solution in its Russian operations since 2002 and KaR-Tel is the first of its numerous affiliates to benefit from the increased fraud protection the solution provides. So successful has Minotaur™ been in detecting fraud on the Kazakhstan operator’s network, that it has achieved return on investment within just five weeks of operation. Andrey Maneshin, Director of Fraud Management & Revenue Assurance, for VimpelCom stated, “Minotaur™...
T-Systems and Neural Technologies Provide T-Mobile USA with Enhanced Fraud Management Solution T-Mobile USA, Inc. has contracted T-Systems North America, Inc. and Neural Technologies to provide a new fraud management solution tool to protect customer data. Neural Technologies, a provider of risk management solutions, has cooperated with T-Systems to implement their Minotaur risk management tool. T-Mobile will use the fraud management solution to automate many manual processes with state-of-the-art detection methods to react even quicker to potential fraud events. T-Mobile will be able to better identify and stop fraud either before it happens, or as soon after an anomaly or change is detected. This will result in a cost savings and increased...
Neural Technologies Selected by MTN South Africa for Fraud Management Neural Technologies (Nt) announced that mobile telecoms operator MTN South Africa has migrated over to its Minotaur™ Fraud Management Solution. MTN migrated to Minotaur™ from the former Cerebrus RE solution, which Neural Technologies has been supporting since it acquired Cerebrus Solutions at the end of 2004. MTN took the decision to upgrade to Minotaur™ following an extensive validation ‘gap analysis’ and market screening which demonstrated Minotaur’s™ throughput capability, wide-ranging functionality and its flexibility in terms of configuration. Throughout the migration process Neural Technologies worked closely together with local partner Concilium to fully understand MTN’s requirements and ensure a well-aligned approach....
The Berkman Center Defines Bypass Fraud “If you use a discount calling card from the US or Europe to phone Ecuador, Nigeria or any one of dozens of developing countries, your voice is now more likely streaming over the Internet and terminating via an illegal operator rather than travelling over conventional channels,” The Berkman Center, Harvard Law School. What is the problem? Legitimate operators negotiate interconnection agreements with other legitimate operators that define the routes and cost of termination calls (often international) on their network. An international call may route through the interconnection points of several operators: at each point a termination fee is charged by...
Neural Technologies Revenue Assurance Capability Expanded Neural Technologies (Nt) announced today the expansion of its revenue assurance offering, with the addition of Minotaur™ RA CenterView. Minotaur RA CenterView enables revenue assurance teams to ensure that: *** All revenue generated by customers and partner organizations is correctly billed or accounted for; and *** The processes designed to support the revenue assurance function are working as efficiently as possible. The solution has been designed to allow organizations to adjust the configuration themselves, without vendor intervention. This not only empowers them to respond immediately to new issues as they arise, it also reduces vendor consultancy fees. Minotaur RA CenterView...
Axtel Chooses Neural Technolgies’ Minotaur Fraud Management Solution Axtel, a Mexican operator, has chosen the Minotaur fraud management solution by Neural Technologies. Neural Technologies is a company that provides comprehensive risk management capability in the areas of fraud, bad debt, customer attrition and collections, from the initiation of service through to collection of payment. Following the acquisition of Avantel by Axtel last year, Axtel's management requested a meeting with its fraud management supplier Neural Technologies (Nt) to take the opportunity to review the latest version of Nt’s Minotaurâ„¢ fraud management solution to see how best to position it within the new Axtel business. The meeting led to Axtel...
Neural Technologies Awarded the BCS Large Technology Supplier of the Year Last night, risk management solution provider Neural Technologies was presented an Organizational Excellence Award from the British Computer Society (BCS). In a glittering ceremony held at Grosvenor House Hotel in London, the company was named Large Technology Supplier of the Year. Neural Technologies beat off competition from industry giants such as Sun Microsystems, IBM, Ericcson, and EMC² to win the award which recognizes excellence, professionalism and innovation in IT and is a leading hallmark of success in the IT industry. Alan Pollard, BCS president noted, “The standard of entry has been exceptionally high this year and the judges faced a...
WeDo technologies Debuts Fraud:RAID, a New Fraud Management System Global Business Assurance solution provider announced the latest expansion of its product portfolio WeDo Technologies announced the launch of Fraud:RAID, its new Fraud Management System (FMS). This system is the first to be designed with full client configurability, which enables users to dynamically configure their systems to target new fraud threats. This solution represents the latest addition to WeDo Technologies’ expanding business assurance product portfolio and has been designed to comply with the requirements of the telecom industry’s next generation IP fraud risk environment. Fraud:RAID has been developed on the acclaimed RAID platform, which has been successfully deployed in more...
Are you attending APAC’s only Billing RA Fraud Event? The 7th Annual Asia Pacific Billing & Revenue Assurance 2007 co-located with the Telecom Fraud Summit 2007 is now less than 4 weeks away. Wondering how valuable it is for you to attend? Here are 25 reasons why you must not miss this rare opportunity to adapt new ideas for your key revenue protection functions - billing, revenue assurance and fraud management: 25 Operator Case Studies from Leading Operators like: PLUS! The agenda is packed with some real-world issues suggested by your peers. Some highlights include: Track A - Billing >> Should you upgrade or replace when re-designing your next...
Subex Azure Wins Telecom Fraud Management Deal with Operator in Southeast Asia Subex Azure Ltd, the world's largest vendor of revenue maximization solutions for telecom operators, has recently won a contract to provide its fraud management system to a leading telecom operator in Southeast Asia. The operator currently provides fixed-line, mobile, internet and dataservices to over 20 million residential and business customers. The operator wanted to implement a fraud management system that would enable it address new types of fraud such as interconnect fraud - fraud and malpractice between communication service providers. The Subex Azure Fraud Management Solution (SAFMS) is an advanced fraud management system, which enables telecoms operators to detect both...